Stuart FL 34996 Condo Market Report November 2016

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Stuart FL 34996 Condo Market Report November 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2016

For November 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 153 active condo listings (Up by 16 condos last month).

Stuart FL 34996 Condo Market Report November 2016

34 Condo sales are pending and awaiting close or lender approval (Increased by 11 condos from October).

Stuart FL 34996 Condo Market Report November 2016

12 Condos Sold in November (Up by 1 condos from October) 

Stuart FL 34996 Condo Market Report November 2016

The Stuart FL 34996 Condo Market of Stuart showed some gains in sales as well as pending sales but not enough to offset some fairly large gains in inventory.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped to 12.8 months from October’s 12.5 months.  Remaining in a buyers market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2015 were: 94 active listings, 32 pending sales and 16 closed sales.  Fairly similar closed and pending volume as compared to November of 2015, but the inventory is considerably higher.

Stuart FL 34996 Condo Market Report November 2016

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report November 2016

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Topic:
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Location:
Florida Martin County Stuart
Groups:
All Things Florida
City and State
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Advice for Sellers
Advice for Buyers
Tags:
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Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Gabe we are in a Buyers Market here in CT as well.  Lets hope that we both see a more balanced market in 2017

Dec 23, 2016 04:27 PM #1
Rainmaker
4,644,986
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Condo sellers will be in very good hands when they select you as their listing agent.

Dec 23, 2016 04:30 PM #2
Rainmaker
1,417,286
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Gabe,

 Good  condo market report for STuart FLorida, I am enjoying my Cranberry Margarita's while dropping a few comments! Merry Christmas!

Dec 23, 2016 04:37 PM #3
Ambassador
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Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Looks like we see similar trend here with it stillbeing Buyer's market, and increasing inventory and sluggish sales

Dec 23, 2016 07:40 PM #4
Ambassador
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Excellent condo market report for Stuart, FL, Gabe Sanders!  We are in a crazy sellers' market here - hoping for some balance in 2017!

Dec 23, 2016 08:07 PM #5
Rainmaker
4,644,986
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your local real estate market reports.

Dec 24, 2016 04:26 PM #6
Rainmaker
4,304,302
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Your comments are always appreciated!

Jan 20, 2017 06:13 PM #7
Rainmaker
4,304,302
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For those interested, here’s a link for more information about Stuart FL real estate.

Jan 20, 2017 06:13 PM #8
Rainmaker
4,304,302
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Jan 20, 2017 06:13 PM #9
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